Invesco Mutual Fund increased its stake in Delhivery Limited from 2.55% to 2.83%, acquiring an additional 2,120,543 shares. With Delhivery's share price at ₹444.75, the approximate value of the shares bought is ₹94.29 Cr.
A logistics services provider offering comprehensive solutions including express parcel delivery, freight services, warehousing, and supply chain management across India. The company handles both light parcels and heavy goods, serving e-commerce businesses and enterprises through integrated logistics infrastructure. It provides value-added services such as e-commerce returns processing, payment collection, installation support, and fraud detection, backed by technology-enabled operations and nationwide network coverage.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
